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Shifang Holding (HKSE:01831) Change In Receivables : HK$0.00 Mil (TTM As of Dec. 2023)


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What is Shifang Holding Change In Receivables?

Shifang Holding's change in receivables for the quarter that ended in Dec. 2023 was HK$0.00 Mil. It means Shifang Holding's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

Shifang Holding's change in receivables for the fiscal year that ended in Dec. 2023 was HK$0.00 Mil. It means Shifang Holding's Accounts Receivable stayed the same from Dec. 2022 to Dec. 2023 .

Shifang Holding's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$48.14 Mil.

Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed. Shifang Holding's Days Sales Outstanding for the six months ended in Dec. 2023 was 238.65.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Shifang Holding's liquidation value for the six months ended in Dec. 2023 was HK$-198.23 Mil.


Shifang Holding Change In Receivables Historical Data

The historical data trend for Shifang Holding's Change In Receivables can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Shifang Holding Change In Receivables Chart

Shifang Holding Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.28 -0.47 5.11 -11.67 -

Shifang Holding Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Shifang Holding Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$0.00 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Shifang Holding  (HKSE:01831) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Shifang Holding's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=48.138/36.812*91
=238.65

2. In Ben Graham's calculation of liquidation value, Shifang Holding's accounts receivable are only considered to be worth 75% of book value:

Shifang Holding's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=15.579-250.013+0.75 * 48.138+0.5 * 0.202
=-198.23

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Shifang Holding Change In Receivables Related Terms

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Shifang Holding Business Description

Traded in Other Exchanges
N/A
Address
No. 121 Gutian Road, 6th Floor, Hua Fu Mansion, Gulou District, Fujian Province, Fuzhou, CHN, 350005
Shifang Holding Ltd is an investment holding company engaged in the business of publishing and advertising in the People's Republic of China. The company operates in two business segments; Publishing and advertising segment includes the provision of advertising services, marketing and consulting services, printing services, and agency commission from sales of service packs, and The tourism and integrated developments segment include the provision of tourism and integrated services through its media, resort, and eco-tourism integrated development projects and sales of agricultural products, including the Yongtai Distinctive Town Project and Cooperative Project in YongFu Town. The company operates in the PRC.
Executives
Chen Zhi
Nian Jiaxing 2101 Beneficial owner
Sheng Ping Guo Ji Fa Zhan You Xian Gong Si
Forever Joy Investments Limited 2101 Beneficial owner
Xu Dan 2201 Interest of corporation controlled by you
Shenzhen Energy Gaofei Fund Management Co., Ltd 2101 Beneficial owner
Ye Xuejin 2201 Interest of corporation controlled by you
Victory Color International Investment Limited 2101 Beneficial owner
Wu Yufang 2201 Interest of corporation controlled by you

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